News & Analysis

Brightpoint making $80M acquisition

December 13, 2010
 IBJ Staff
Indianapolis-based Brightpoint Inc. said Monday it has agreed to acquire Touchstone Wireless Repair and Logistics LP in an $80 million deal expected to close by the end of the year.
More

British mall owner rejects Simon financing plan

December 13, 2010
Bloomberg News
Capital Shopping Centres Group Plc, Britain’s biggest shopping-mall owner, rejected a financing plan that would have given potential suitor Simon Property Group Inc. a larger stake in the company.
More

Insurer Baldwin & Lyons names new CEO

December 12, 2010
 IBJ Staff
Indianapolis-based Baldwin & Lyons Inc. has named Joseph J. DeVito its new CEO, replacing Gary W. Miller, who has led the insurer for 13 years.
More

Bayh says he will not run for governor in 2012

December 12, 2010
Associated Press
Many Indiana Democrats had hoped a Bayh candidacy for governor could begin reversing a string of setbacks for their party.
More

IU's health care budget could be $25 million short

December 11, 2010
Associated Press
Indiana University's board of trustees has learned that the school's health care budget is $24.9 million short of projected expenses in 2011-12.
More

NFL owners start planning for possible lockout

December 11, 2010
Anthony Schoettle
The Indianapolis Colts—and the team’s National Football League brethren—this month laid out plans for how teams would refund money to season-ticket buyers in the event owners lock out players and games are canceled next season.
More

Former Allison executive alleges bribery

December 11, 2010
Kathleen McLaughlin
Stephen Lowe, a former Allison Transmission managing director based in Shanghai, claims the company booted him from a top post in China because he raised concerns about bribery.
More

Controversial airport scanners identify more crooks than terrorists

December 11, 2010
Chris O'Malley
The federal government’s latest, more-intrusive airport screening measures appear more useful in finding drugs and wads of cash than tools of terror, a review of Indianapolis Airport Police records suggests.
More

Summit Realty plans to grow into new headquarters

December 11, 2010
Cory Schouten
Summit Realty Group is building out a new headquarters in a historic downtown building as its principals embark on an aggressive growth plan for the privately held company.
More

Distribution deal to stoke sales at pain-pump maker SymbiosRestricted Content

December 11, 2010
J.K. Wall
The Indianapolis company expects the pact will boost revenue from $1 million now to more than $10 million in 2013.
More

Language Training Center finds lucrative niche in sportsRestricted Content

December 11, 2010
Anthony Schoettle
Women's golf tour, other sports properties turn to local firm for language, cultural skills
More

One Click buys, rejuvenates retail websites using online marketing savvyRestricted Content

December 11, 2010
Chris O'Malley
Greenwood company buys sites on the cheap and turns them into profit centers.
More

Online 'daily deals' coupons transform local advertisingRestricted Content

December 11, 2010
Cory Schouten
A big-dollar offer from Google for Groupon—the undisputed king of a U.S. daily deal industry already worth $2.5 billion a year—has emboldened an armada of coupon competitors looking to grab a piece of the fast-growing market.
More

TJX closing A.J. Wright brand, cutting 4,400 jobs

December 10, 2010
Associated Press
Indianapolis has four A.J. Wright stores that are slated for conversions rather than closures.
More

CB Richard Ellis names new managing director

December 10, 2010
The local office of the commercial real estate brokerage has named firm veteran John Merrill as its new managing director. He replaces David Reed, who left in late August.
More

Printer suing Indianapolis Woman publisher for $271K

December 10, 2010
Scott Olson
Mignone Communications claims Weiss Communications, which publishes Indianapolis Woman, owes it $271,196 for printing costs dating to November 2007.
More

Feds charge Marsh with unfair labor practices

December 10, 2010
 IBJ Staff
The National Labor Relations Board filed a formal complaint after investigating charges that Marsh Supermarkets threatened and intimidated employees to discourage them from forming a union. The grocery chain also allegedly fired an employee for supporting the union.
More

FinishMaster to be acquired in $172M deal

December 10, 2010
 IBJ Staff
Indianapolis-based FinishMaster Inc. announced late Thursday it will be acquired by a unit of Uni-Select Inc. of Canada for $172 million.
More

Duke, others withdraw cost deal on Indiana project

December 9, 2010
Bloomberg News
Duke, the Indiana Utility Consumer Counselor and other groups will renegotiate the terms of a plan to boost rates to raise $530 million for Duke’s Edwardsport plant, the Charlotte, N.C.-based company
More

Two states lose federal high-speed rail money

December 9, 2010
Associated Press
The Obama administration is taking $1.2 billion in high-speed rail money away from Ohio and Wisconsin and awarding it to 12 other states, Transportation Secretary Ray LaHood said Thursday.
More

Daniels names Massa to lead state alcohol board

December 9, 2010
Francesca Jarosz
Gov. Mitch Daniels on Thursday appointed Mark Massa, who served as Daniels’ general counsel before leaving the post earlier this year to run for prosecutor, to run the state’s Alcohol and Tobacco Commission.
More

ITT Educational, for-profit peers reaped $521M from military

December 9, 2010
Bloomberg News
Twenty for-profit colleges—led by Carmel-based ITT Educational Services—reaped $521 million in U.S. taxpayer funds in 2010 by recruiting armed-services members and veterans through misleading marketing, according to a Congressional report released Thursday.
More

Lender seeking to foreclose on northwest-side hotel

December 9, 2010
Scott Olson
Colfin NW Funding LLC claims in a court filing that it is owed $6.4 million by the borrower that operates the Courtyard By Marriott Hotel Northwest under Indianapolis-based Schahet Hotels Inc.
More

Clarian Health looks to scoop up White County hospital

December 9, 2010
J.K. Wall
The Indianapolis-based hospital system’s board of directors could vote to acquire the 25-bed hospital as early as next week, but might put off a decision till February.
More

LEADING QUESTIONS: Deputy mayor keeps thick skin

December 9, 2010
Mason King
LQ_Huber_watch_videoMichael Huber has learned not to take critics' barbs personally as he oversees some of the city's biggest deals.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

ADVERTISEMENT